The United Kingdom is one of the world major hubs for the gambling industry. VigoLex team is confident that the process of obtaining a gambling license in Britain is clear, the prices are reasonable, and the regulation is pedantic in a British manner.
Is online gambling legal in the UK?
Initially the United Kingdom outlawed gambling industry till 2005. Since adoption of the Gambling Act and establishment of the Gambling Commission – UKGC an official gambling license UK can be obtained in the United Kingdom
Each of the above gambling types is divided into many categories with their prices, requirements, etc. The detailed information about this can be found on the official website of UKGC.
Basically, in the United Kingdom, depending on the type and the specifics of your gambling activities, you need to obtain one of 3 types of online gambling license UK (if not all at once):
- operating license – a license for the direct conduct of a gambling business;
- personal management license – a license for persons who provide certain services for gambling (for example, strategists);
- personal functional license – a license for individuals who work in the gambling industry (for example croupier license).
In addition, if you provide advertising, promotion and other services for remote gambling (online or otherwise), and target such advertising to consumers in the United Kingdom, you will also need to obtain a online gambling license UK. If there is no consumer’s targeting in the United Kingdom, no license is required.
Advantages of the license of the United Kingdom:
- Confidence in the future: the United Kingdom is a country with a convenient legal system and fair justice. Here you know exactly what consequences the actions will have, therefore, you can reasonably plan your business.
- Pricing policy: in the United Kingdom everything is pedantic in a British manner: on the official website of the regulatory authority – UKGC – there is a clear progressive scale of the license fee depending on the level of income of gambling business and the license type.
- Market advantages: incorporation in the United Kingdom is prestigious. There is no need to establish several companies to make it more convenient to work with contractors and suppliers, build incorporation schemes, etc.
How do I get a gambling license UK?
You can apply for gambling license in UK online through the UKGC’s website https://www.gamblingcommission.gov.uk. Based on the experience of VigoLex team, the period for consideration of your application and issuance of a license takes about 4 months. In order to apply, you need to:
- prepare the package of documents;
- ensure local presence within the UK.
- pay the registration.
In the United Kingdom a license can be obtained for the following gambling types:
- UK casino license;
- gambling software;
The license of the United Kingdom is issued for the period of 5 years.
Documents for UK gambling license
To apply for gambling license in UK, you need to prepare a set of documents. For different companies and types of licenses the package of documents will be different.
On the average, it includes about 25 documents. Below are the examples of the documents to be provided:
- documents containing information about all owners and shareholders;
- documents with data about the corporation itself, as well as prospects for its development;
- technical documentation describing the principles of game, architecture of the website and general provisions of the portal.
You may contact VigoLex if you want to obtain more details in this regard.
How much does it cost to get a gambling license UK?
The online gambling license UK cost depends on the gambling type and the license type and varies from EUR 950 to EUR 16.000.
The annual gambling license cost in UK can vary depending on the gambling type and the license type, from EUR 1.000 to EUR 40.000. The particular gambling license cost in UK depends on the type of license.
The corporate income tax rate in the United Kingdom is 19%.
In addition, gambling businesses are obliged to pay the additional fee of 15% of their income.
Also, do not forget that the business needs to be serviced: according to VigoLex, servicing the gambling business in the United Kingdom – filing reports, tax issues, communication with UKGC, etc. – will cost about EUR 1.200 per month.
How can we help?
VigoLex pays your attention to perhaps one of the main features of the license of the United Kingdom: it is a prestigious but expensive one. Our specialists will gladly advise you on every aspect of receiving the gambling license in UK, on how to minimize you online gambling license UK costs, how to receive a UK casino license etc.